We provide the latest information on the issuance of cease and desist trade orders by the BCSC
TORONTO, May 16, 2024 (GLOBE NEWSWIRE) — Clear Blue Technologies International Inc. (TSXV: CBLU) (Frankfurt: OYA), a smart off-grid™ company, today announced its 2023 financial results on Wednesday, May. announced that it would report to 29, 2024, before the market opens. ClearBlue will hold a conference call at 11 a.m. ET that day to review the company's performance and answer questions. Interested parties can register here:
Date and Time: May 29, 2024 11:00 AM Eastern Time (US and Canada)
Topic: Clear Blue 2023 Annual Financial Report
Please register in advance for this webinar.
https://us06web.zoom.us/webinar/register/WN_C6jzL0R5QFOUOiOC41g3Kw
Clear Blue has completed its 2023 fiscal year audit, with auditors finalizing their review and preparing a report to the board of directors. As previously announced, the Company is pleased to announce its filing of audited consolidated financial statements for the year ended December 31, 2023, management's annual discussion and analysis for the same period, and annual filings (collectively, ” Documents to be submitted”). The MCTO was authorized by the BC Securities Commission on May 1, 2024.
The MCTO restricts our management from trading in our securities until we file our annual return and the MCTO ceases to be effective. The MCTO does not affect the ability of stockholders to trade securities, and retail investors may continue to trade our common stock. However, our CEO and CFO may not trade in our common stock until our annual return has been filed, all continuing disclosure requirements have been satisfied by us and the MCTO has been revoked by his BCSC.
We issue a news release after filing our annual filing. The Company confirms that to the extent that it is in default on its financial statement filing obligations, it intends to satisfy the provisions of Section 4.4 of NP 12-203 and issue biweekly default status reports. Such reports will disclose any material changes to the information in this release. All actions taken by the Company to cure the default. Details of our failure to comply with these provisions. If the Company's subsequent default necessitates a declaration of default. and other material information about our operations that has not been previously disclosed. The Company is not subject to any bankruptcy proceedings and no other material information regarding the Issuer's operations is not publicly disclosed.
For more information, please contact us below.
Miriam Turk, Co-Founder and CEO
+1 416 433 3952
investor@clearbluetechnologies.com
www.clearbluetechnologies.com/en/investors
Nikhil Thadani, Sophic Capital
+1 437 836 9669
Nik@SophicCapital.com
About Clear Blue Technologies International
Clear Blue Technologies International, a Smart Off-Grid™ company, provides clean, managed “wireless was founded on the vision of providing 'electricity'. , Internet of Things devices, and other mission-critical systems. Clear Blue currently manages thousands of systems in 37 countries, including the United States and Canada. (TSXV: CBLU) (FRA: 0YA) (OTCQB: CBUTF)
Legal disclaimer statement
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities mentioned in this news release. Such securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or offered in the United States or to or for the account or benefit of any person in the United States. Cannot be sold. The term United States or “U.S. Person” refers to U.S. persons under the U.S. Securities Act unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements. Defined in promulgated Regulation S.
Forward-looking statements
This press release contains certain “forward-looking information” and/or “forward-looking statements” within the meaning of applicable securities laws. Such forward-looking information and forward-looking statements do not represent historical facts or information or current conditions, but only represent ClearBlue's beliefs regarding future events, plans or objectives. , much of which is inherently uncertain and external. Clear blue controls. Generally, such forward-looking information or forward-looking statements may include statements such as “plans,” “expects,” “does not expect,” “anticipates,” “budgets,” “scheduled,” or “anticipates.” You can identify them by the use of forward-looking terminology, such as “forward-looking statements.” “,” “estimate,” “anticipate,” “intend,” “anticipate,” “unexpect,” or “believe,” or variations of such words or phrases, or specific actions; May contain statements that events or results “may” occur. , “may,” “will,” “may,” or “take place,” “continue,” “occur,” or “achieve.” Forward-looking information contained herein may include, without limitation, information regarding financial results and future future engagements.
By identifying such information and statements in this manner, ClearBlue is aware that such information and statements are subject to known and unknown risks and uncertainties, and to ClearBlue's actual results, level of activity, and performance. Readers are cautioned that results may be affected by other factors that may cause or affect performance. be materially different from that expressed or implied by such information or statements;
An investment in ClearBlue's securities is speculative and subject to a number of risks including, but not limited to, those discussed under the heading “Risk Factors” in ClearBlue's Listing Application dated July 12, 2018. subject to risks. Although ClearBlue has attempted to identify important factors, actual results may differ materially from those contained in the forward-looking information or forward-looking statements. Or there may be other factors that cause it to not work as intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, ClearBlue has made certain assumptions. Although Clear Blue believes that the assumptions and factors used in and the expectations contained in the preparation of forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements. and cannot give any such warranties or guarantees. Such forward-looking information and statements may prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release. All subsequent written and oral forward-looking information and statements attributable to Clear Blue or its agents are expressly qualified in their entirety by this notice. ”
This news release does not constitute an offer to sell or a solicitation of an offer to buy the securities mentioned in this news release. Such securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or offered in the United States or to or for the account or benefit of any person in the United States. Cannot be sold. The term United States or “U.S. Person” refers to U.S. persons under the U.S. Securities Act unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements. Defined in promulgated Regulation S.
